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2 Bed Apartment in Umbilo

R 270 000

2 Beds

1.5 Baths

Can I afford this?

Floor Area 79 m² Rates R 2 Levy R 915

Calling investors......I have a client that is emigrating and selling his portfolio of properties, we have 20 units available.....Some are 2, 5 Bedroom around 79 square meters and the others are 1, 5 Bedroom units around 50 square meters. All are refurbished, in good condition, no arrear rates, levies etc...Some are tenanted with well paying tenants...Rentals received are between 5K and 7K per month...No arrears on tenants not paying. We also have 1,5 bedroom units available at245 K negotiable.

All units are neatly painted throughout with inbuilt cupboards and fully tiled. All have pre paid water and electricity meters.

The block was in administration and has now been rehabilitated by the High Court and has its own Body Corporate and Managing Agent. Well run by an Attorney...Ashlyn Kandhai and Associates. The seller seeks a cash deal. Units may be sold individually or in bulk-prices are negotiable.

Secure ample parking on a first come first serve basis, protected by 24 hour Security, fully fenced and electric gated.

Viewing available to pre-screened candidates with proof of funds. NO AGENTS PLEASE!!!